WHO says no more lockdowns

https://www.msn.com/en-us/health/medical/who-official-urges-world-leaders-to-stop-using-lockdowns-as-primary-virus-control-method/ar-BB19TBUo?ref=hvper.com

Robinhood Hacked

https://nypost.com/2020/10/09/robinhood-says-some-customer-accounts-may-have-become-target-of-hackers/

Mail-in ballot fraud

My wife has gotten two ballots from Idaho, where she hasn’t lived for a year. I haven’t gotten any, even though we had the same address until last September. Election is close and chaotic. 

Costco UK selling gold and silver

Costco in UK now selling gold and silver bars. What happens if they start doing this in the US? Could be a big deal for the PM market. 

Uber for evictions

https://www.vice.com/en_us/article/ep435n/gig-economy-company-launches-uber-but-for-evicting-people

Realtors specializing in private islands overwhelmed by rich fleeing covid

https://www.nytimes.com/2020/10/09/realestate/private-islands-coronavirus.html?searchResultPosition=1

This one ties into the story about rich people overwhelming the private island market:

https://nypost.com/2020/10/10/grab-and-run-shoplifters-terrorize-luxury-nyc-boutiques/

Direct download: John_Rubino_12.Oct.20.mp3
Category:general -- posted at: 8:00am EST

Stephen Stewart CEO of Mistango River Resources (www.Mistango.com Ticker CSE: MIS sponsor) recently gained control of the company through a protracted proxy fight. The stock was selling for just a penny, but it’s payoff potential is huge. It’s 4000 hectare site is adjacent to the highest grade gold mine in the world, Kirkland Lake. The company has raised C$7 million to embark upon an aggressive drill program with legendary investor Eric Sprott fully on board. Based upon all this, the company represents an incredible value potential. Pretty soon we’ll know if it’s another Kirkland Lake, with shareholders basking in oversized profits. And if it is another monster, well who knows? The team bringing all this to fruition is high quality all the way, headed up by VP of Exploration Dr. Keith Benn. With money in the bank, a highly seasoned team and a project with such excellent potential, all signs are headed up for Mistango River Resources.

Direct download: Stephen_Stewart_07.Oct.20.mp3
Category:general -- posted at: 11:41am EST

What’s happening with the stock market? The budget deal isn’t such a big deal. No one cares about anything. People have been conditioned to buy every dip. That’s why the cycles are so important and why they rule. It will continue until after the election. Huge meltdown after the election going into April. The algorhythms are not going to save us. Get ready to go long the VIX. 

Gold $2500 is still expected. In 2 weeks there’s a cycle low and then we’ll head up to $2500. The cycle has been up for 2 years and it will go higher if it gradually hits $2500. If silver closes above $25.50 for the December contract. 

Oil could go up another $3 and then it’s going down. Charles will research it and report back to us.

Natgas is headed down after going above $3. 

Deflation is going to happen. The European retirement system keeps buying bonds that yield nothing. Deflation is the norm. Most of the time gold goes up in a deflationary crisis. Eventually hyper-inflation will occur.

BTC cycle bottoming shortly. After some weakness it should go higher. It will break $12000.

USD is weak for the next 4-6 weeks. No dollar crash coming yet. 

 

Go to www.CharlesNenner.com for a free 4 week trial of his newsletter. We follow it religiously at FSN. 

Direct download: Charles_Nenner_07.Oct.20.mp3
Category:general -- posted at: 8:00am EST

Stimulus Is Out Of The Question - Eddie Ghabour

Speaker Pelosi panned stimulus for the airlines than anyone else. The airlines are going to see major layoffs. The bottom lines is that there are certain areas that need stimulus and any bill should be targeted, rather than bailing out states and municipalities. Beware of polls. From a market standpoint Eddie is cautious now and very bullish for next year. It could very well be a buying opportunity. Will the courts finally fulfill their responsibility and throw out the Covid restrictions. Florida is the test case.

Direct download: Eddie_Ghabour_08.Oct.20.mp3
Category:general -- posted at: 7:30am EST

Last time Chris was bearish on the stock market. Big money is moving into defensive stocks. We saw utlities blast off earlier in the year. Money could be rotating out of tech. Can’t buck the Tesla trend. Covid is good for Tesla. People don’t drive as much and don’t need long range. 

Gold and silver short term down trend. Lower highs and lower lows, trying to find a bottom. If we have stock market weakness or dollar strength, with a downside target of $1810 and silver could slip to $21. Long term bullish. Good time to get it. A bear market in equties could lead to a correction in the sector. Metals and miners will be the first to rally after the bottom. 

 

Dollar has been weak, yesterday dollar and bonds rallied. Dollar will probably hold its ground. Could have a bounce. Dollar and metals could move up together. Rest of the world keeps moving into equties, which will pump up the dollar. No matter how much stimulus comes, the dollar is the beneficiary.

Interest Rates bonds can’t go much higher. It’s been a 30 year rally. The trust and the returns just aren’t there. Not much interest. Bull can’t continue much. 

Any hope for the oil market. Decline of driving has slammed it. Lockdowns taking place, there’s no demand and way too much supply. Companies are losing money at these prices. Energy stocks have been underperforming. 

Direct download: Chris_Vermeulen_07.Oct.20.mp3
Category:general -- posted at: 8:01am EST

Danielle DiMartino Booth is a global thought leader on monetary policy, economics and finance. Among her varied career milestones, she’s been a full-time columnist for Bloomberg View, a business speaker, and a commentator frequently featured on CNBC, Bloomberg, Fox News, Fox Business News, BNN Bloomberg, Yahoo Finance and other major media outlets.

Before starting Quill Intelligence in 2018, she spent nine years at the Federal Reserve Bank of Dallas. Danielle served as Advisor to President Richard W. Fisher throughout the financial crisis until his retirement in March 2015. Her work at the Fed focused on financial stability and the efficacy of unconventional monetary policy.

Direct download: Danielle_DiMartino_Booth_07.Oct.20.mp3
Category:general -- posted at: 8:00am EST

Dudley is the proprietor of CommonStockWarrants.com. Dudley spoke about the recent consolidation phase. It’s time to take advantage of the dull market. Are resource common stock warrants becoming a thing of the past or are we just seeing a lull in issuance right now? It’s always up to the company whether they want the warrants to trade publicly. Dudley mentioned a new one that was recently listed and it’s a 5 year duration and he thinks it’s a real opportunities. There’s still a number trading for pennies and show great potential. Find the company you like and before you buy the stock, check Dudley’s site to see if there are warrants traded. The database has been updated to make it easier to filter and identify. Dudley gives a few great recent examples. Dudley is starting a new service dealing with SPAC’s (Special Purpose Acquisition Companyies a/k/a Blank Check Companies). Many have warrants and they’re providing a great potential opportunities. There are literally tons of these coming out now. Is the election causing it? The amount of money is staggering. It goes into a trust account until the acquisition takes place. Richard Branson has a new SPAC. 

Direct download: Dudley_Baker_06.Oct.20.mp3
Category:general -- posted at: 8:00am EST

We sat down with Marshall Koval (CEO) and Scott Hicks ( VP - Corp Dev) of Luminex Resources (sponsor) to get updated on the company's latest developments. While the world has many issues and challenges ahead, Luminex is moving full steam ahead. Their joint ventures with BHP and Anglo American are progressing well, with new drill targets identified and preparations taking place. Shareholders have been waiting patiently knowing that there investment will pay off big time. Drill results at the Condor Project just came in and they point to an even more richer resource. Luminex is currently hitting it's stride and all shareholders will likely soon be grateful. 

www.LuminexResources.com

Stock Symbols - TSX.V: LR - OTCQX: LUMF

 

Direct download: Luminex_Resources_06.Oct.20.mp3
Category:general -- posted at: 3:30pm EST

We caught up with our good friend Dunagun Kaiser. When we last spoke, before the pandemic, he was urging people to prepare themselves. If you’re still not prepared, it’s time for a wake-up call. He’s not expecting a return of the so-called normal. This is our new reality and it could well get worse. The most important part of prepping, is to prep your mind. You need flexibility and the ability to adapt to ever changing circumstances. And always remember that happiness takes place between your ears. He’s thankful for the opportunity to reconnect with his family and community, all brought on by the pandemic. And perhaps that is the greatest lesson we can learn from the current situation. The most important things should never be neglected. 

Direct download: Dunagan_Keiser_05.Oct.20.mp3
Category:general -- posted at: 8:00am EST

Lockdown and apoclyptic fires in the Pacific Northwest. Downtown Seattle is a wasteland. The only people on the street are homeless. The last thing you want is a sick president in the tail end of the election season. Would have been nice to see it play out “normally.” Supreme Court nominee in flux? Even if Trump loses he’ll still be a highly consequential president, with three conservative appointees. If Biden wins and dems get the senate will they pack the court? Will they dump the fillibuster? October surprise yet to come or has it come and gone? Trump appears to have lost weight. Supposedly he’ll be discharged shortly. Fund managers start going into gold. Right now it's a trickle but it could turn into a flood of money chasing a relatively small market and then it's Katie bar the doors. Congressional Stimulus coming soon. Politically good to give out money to people, but not so much to Blue cities and states.

Direct download: John_Rubino_05.Oct.20.mp3
Category:general -- posted at: 12:59pm EST

Naresh Vissa gives us an insight Florida hospital Covid responses and how the media overhyped the pressure on hospitals. July was very similar to the usual peak month of January. No other state had the critical situation that New York suffered. As is known, 50 percent of all deaths have occurred in nursing homes. From Day 1 Covid has become a political issue. There hasn’t been a separation of medicine state. 

Direct download: Naresh_Vissa_30.Sep.20.mp3
Category:general -- posted at: 12:00pm EST

Stock markets were up again: Dow down 2.3%, S&P 500 down 3.9% Nasdaq finished down s down 5.1%, but TSX.V down 5.9% percent. VIX at a still above average at 26.40. Dollar was up 1.8% and Euro lost 1.8%.  10 Year yield down 4.2%. Bitcoin lost 8.6% during the month. Gold was near down 4% to 1886. Silver 17.4% to 23.25. Even PT was down 4.3%. PD ended up 3.4% for the month. Copper down .9% to $3.00. WTI seesawed down 5.6%. Brent down 9.2%. Natgas lost 3.8% to 2.53 per mm. Uranium was down to 30. 

Ratios: Au/Ag 78.2 - Pt/Au .49 - Pt/Pd .40 - BRT/WTI 1.02 WT/HH 15.9 and AU/WTI 45.2. 

Direct download: Mickey_Fulp_01.Oct.20.mp3
Category:general -- posted at: 8:00am EST

When was the last time you saw your weekly grocery bill go down? The price of gold is the ultimate price indicator. Short-term gold price fluctuations aren’t meaningful. Newly printed money takes time to filter into the economy. The needs of life, insurance, medical, college, etc., are all going up. The exodus from the cities is deflationary but certainly not positive. And it's leading to higher housing costs in the suburbs and exurbs. While auto sales have gone up, new cars have headed south, but used cars sales are up. We talk about many other economic issues that are often neglected by the financial press and the news media. They're extremely important to our personal well-being and our families. 

Direct download: Lobo_Tiggre_30.Sep.20.mp3
Category:general -- posted at: 8:01am EST

Retired Anesthesiologist, Dr. Ted Noel joined us for a look at the current state of Covid 19. He confirmed much of what we've been discussing for the past 6 months. The pandemic is actually over or very close to being over. Masks are ineffective and he gives an actual demo on why they don't work. And so much more. The worst disease in the world and perhaps the most treatable is poverty. And our reaction to Covid has increased world poverty and all the ills that follow it. 

Direct download: Dr_Ted_Noel_30.Sep.20.mp3
Category:general -- posted at: 8:00am EST

GoldMoney's Alasdair Macleod joined us today for an extensive discussion of the collapsing dollar. Alasdair believes that the current state of the Fed guarantees a hyper-inflationary collapse. And that means that investments, savings and pensions will become near worthless. Of course precious metals will go exponential. Real estate and other property will initially lose its value but will recover down the road. Alasdair equates the current situation with France's Mississippi Bubble. John Law controlled the central bank and printed money with complete abandon. In the end disaster resulted and revolution. The Fed is following the same course and we can all expect similar results. Thereby, leaving gold and silver and lead as your ultimate salvation. 

Direct download: Alasdair_MacLeod_29.Sep.20.mp3
Category:general -- posted at: 8:01am EST

Martin Saenz brings social good into smart investing. Martin is a Managing Partner of Bequest Funds. Renowned as a thought leader in the mortgage note investment industry, Martin
is generous with his first hand expertise, to the benefit of his many clients and followers. Genuine, loyal, and passionate about creating a better world through profitable business, he works hard to share and spread success. Together with business partner Shawn Muneio, Martin co-founded Bequest Funds with the dual purpose of helping investors grow their wealth and helping mortgage borrowers stay in their homes. Martin owned and operated multiple successful companies prior to launching
Bequest. A successful entrepreneur and real estate investor for over 15 years, he brings a high level of strategy and experience to the Bequest model. He has directly helped over a thousand families stay in their homes, and countless more through the influence of his mentorship.

Direct download: Martin_Saenz_29.Sep.20.mp3
Category:general -- posted at: 8:00am EST

Noted economist John R. Lott, Jr.,  rejoins us for a discussion of what life would look like under a Biden administration. Beto O'Rourke would be put in charge of gun confiscation and expect the lock downs to last many lifetimes. But there's hope, Trump's latest Supreme Court pick, Amy Barrett is a pro-second amendment jurist who believes in the sanctity of the constitution and it's acknowledgment of rights granted by the creator. No wonder the Dems are demanding a court-packing scheme to allow them control of the Federal Courts. 

Direct download: John_R._Lott_28.Sep.20.mp3
Category:general -- posted at: 8:01am EST

First-time guest Robert Kientz gives a close-up view of the latest market rigging scheme by JP Morgan. Like so many other settlements, they neither admitted or denied the truth of the charges that they rigged precious metals markets through a variety of manipulation schemes, such as bid spoofing and other nefarious deeds. One billion dollars is just the cost of doing business for the mega-bank. Expect more mis-deeds and more misbehavior in the years ahead. The king is dead, long live the king. 

Direct download: Rob_Kientz__28.Sep.20.mp3
Category:general -- posted at: 8:00am EST

There’s an increasing level of fear both in the US and worldwide. The Fed was looking for the administration to get another fiscal package to help move things forward. Economic data has been relatively benign. In Europe there’s fear of another Covid wave. Peter doesn’t expect the economy to shut down and he doesn’t expect the Congress to do anything either. So it’s highly doubtful that another stimulus package is coming. And the market has reacted accordingly. The Fang stock correction should have led to a rotation into other sectors. The resulting anxiety has led to a rush to cash. Peter went neutral/negative about a month ago. Two elements in the metals markets, one is raising cash by investors who had large profits and the fear trade is in full force and they’re moving into cash away from metals. Metals get hurt in a financial collapse until there’s governmental intervention. The market is hooked on continuous infusions of stimulus and pulling it back will cause nasty withdrawl pains. There’s no cohesiveness in government at all. Peter is sticking to his end of the year gold price estimate of $1911, but it could be low. We have not seen the high on gold yet in this wave. 

Direct download: Peter_Hug_24.Sep.20.mp3
Category:general -- posted at: 8:00am EST

Fury Gold Mines plans to commence by early November over 80,000 metres of drilling at its three high-grade gold projects.  Fury will be fully-funded with over C$20M in the treasury and trade under the ticker FURY on the NYSE and TSX.  Fury Gold Mines will be the resultant company of Auryn Resources’ acquisition of Eastmain Resources and will hold three Canadian gold projects: Eau Claire, Committee Bay and Homestake Ridge.  The scheduled close for the transaction and launching of Fury is October 9th.  Auryn and Eastmain shareholders can vote by proxy by October 1st and the virtual arrangement vote is October 5th.  In this interview, Auryn Executive Chairman Ivan Bebek, Fury CEO Mike Timmins and Eastmain CEO Blair Schultz discuss the closing of this transaction as well as the vision and growth plans for Fury Gold Mines.

00:00 Introduction

1:21 Ivan Bebek on recent C$23M financing

3:10 Blair Schultz on why Eastmain did this deal with Auryn

4:44 Mike Timmins on Fury Gold Mines’ vision

7:19 Mike’s vision for the Committee Bay project

10:12 Mike’s vision for the Homestake Ridge project

11:33 When to expect Fury to acquire more projects

12:33 Ivan on Committee Bay’s untapped potential

14:17 Ivan on Fury Gold Mines’ potential

17:21 Concluding remarks

Direct download: AUG_ER_roundtable_9.24.20_file_for_KHL_01.mp3
Category:general -- posted at: 8:03am EST

According to Rob Kirby, this raid like all the others is being orchestrated by the desperate monetary authorities to try to make the dollar look pretty. Unfortunately, there’s not enough lipstick in the world to keep the fraud going. Physical metal is in short supply and demand is off the charts. This will only serve to hasten the demise of the dollar, who’s time is shorter than ever. Rob is of the opinion that it doesn’t matter how long it takes. It gives you more time to prepare for the inevitable. There’s nothing that can be done. The Comex has doubled the number of suppliers of product to deliver physical metal against their contract. Just wait a while and you'll see no availability of metal at any fiat price. 

Direct download: Rob_Kirby_24.Sep.20.mp3
Category:general -- posted at: 8:00am EST

Jordan Roy Byrne stopped by to bring us up to date on the precious metals bull market. As always, watch the Fed. When they change their policy from tight to more accommodative, watch out for gold/silver and mining stocks to go higher. The recession started in February, but it's going to be known as the Covid recession. We're seeing inflationary policies being implemented. Regional trade will become the norm and China will be cut out. Helicopter money is becoming the norm. This cycle we're going to see policy makers getting the money directly into the hands of the people. It appears that commodity prices are starting to go up. It's all pointing higher prices for hard assets and precious metals for years to come. 

Direct download: Jordan_Roy_Byrne_23.Sep.20.mp3
Category:general -- posted at: 8:01am EST

Jim saw the decline coming a few weeks ago. The sentiment was so one-sided bullish that it was inevitable. The recovery was starting to plateau and was running out of steam. The combination of what's happening in the US and the virus and Europe, finally caught up with the market and thus the decline we're currently experiencing. The Fed easing off the monetary gas pedal is going to have major effects and we're seeing it now. Let's see how long it will last for and whether the President will take unilateral action. The Congress needs to act. 

Direct download: Jim_Welsh_22.Sep.20.mp3
Category:general -- posted at: 8:00am EST

William Briggs, a one time professor at the Cornell University Department of Medicine joined us. He holds a PhD. in statistics. Together we went over the Covid 19 numbers. William explains that Covid is a very typical, and not unexpected pandemic that we see roughly every 10-20 years. We’ve seen them many times before, but this one triggered the first global panic. Everyone started tracking the disease minute by minute. It panicked the entire world. It caused the governments to overreact and quarantine the healthy. And suddenly the healthy became sick. Lock people down and hope for the best. Every expert forgot everything they knew about viruses. Governments have loved and they’re enjoying their new found powers. We all know that this is a disease that primarily affects the elderly. Certain governors shipped off Covid patients to nursing homes and long term care facilities that resulted in thousands of unnecessary deaths. However, as a result, we should see a lower than average flu season this year.And William also discusses the efficacy of masks, or we should say lack of efficacy. There's much here for pandemic skeptic. 

Direct download: William_M._Briggs_22.Sep.20.mp3
Category:general -- posted at: 8:01am EST

According to Andy Schectman, gold and silver moved too far too fast. But they’re now building a sustainable base around $1900. This dip has led to increased demand and sales are taking off. Never a good idea to chase the rallies. The bottom line is that we haven’t seen anything yet. Business is strong because people understand that this is the same old pattern. Just like 2008, history is rhyming. Supply dynamics are very strange. We’re in the eye of the huricicane. Premiums are the lowest since December. Supply has picked up since the beginning of the year. Heading into Q4 of 2020 and Q1 of 2021, things will pick up. Economy is dying in the upper Midwest. Comex open interest is massive. You’re beginning to see a run on the Comex. High net worth individuals are taking their metal off the exchange. They’ve gone to extreme measures to avoid a default. Raising margins on futures contracts. The eligible refiner list has been expanded to nearly everyone. Reeks of desperation and fear. Beginning stages of a massive run and eventually panic. Beware of bank bail-ins. Andy says they’re coming. 

Direct download: Andy_Schectman_22.Sep.20.mp3
Category:general -- posted at: 8:00am EST



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